The number of jobseekers continues to fall

The number of available resident jobseekers registered with ADEM at 31 March 2022 was 4,576. Compared to March 2021, this is a decrease of 4,113 people or 22%. The seasonally adjusted unemployment rate calculated by STATEC is 4.7%. For values similar to this rate, one must go back to the end of 2008 - beginning of 2009.

The number of jobseekers has fallen for all categories of jobseekers, including those who have been registered for more than 12 months. Nevertheless, the long-term unemployed still represent 48.7% of all available jobseekers.

The number of new registrations with ADEM remains relatively low. Indeed, 2,394 residents registered with ADEM in March 2022, an increase of 99 persons or 4.3% compared to March 2021.

The number of resident jobseekers receiving full unemployment benefit fell by 2,512 or 25.5% year-on-year to 7,330. The number of people taking part in an employment measure stands at 4,425 and is slightly below the level observed in February 2021 (-18 people, or 0.4%).

During March 2022, employers reported 5,263 vacancies to ADEM, an increase of 34.6% compared to March 2021. The number of available positions as of March 31, 2022 is 11,991. The increase over one year is 49.1%. Both the number of job offers reported during the month and the total number of available offers are absolute records. The same applies to the total number of people working in Luxembourg, which has broken the 500,000 mark for the first time.

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